San Francisco recently voted to raise the minimum wage to $12.25 an hour with incremental increases to $15/hour by 2018. At least one small business owner is shuttering a business as a result.
(Yahoo! Finance) “Borderlands Books as it exists is not a financially viable business if subject to that minimum wage.” …
The blog post went on to say that the Borderlands café business will stay open and should have “no difficulty at all” with the new minimum wage because it will be able to raise prices as needed. The bookselling business is different, the blog post argued, because book prices are set by the publishers and clearly printed on the books:



